Capital Group Short Duration Municipal Income ETF
CGSM
11 hedge funds and large institutions have $41.5M invested in Capital Group Short Duration Municipal Income ETF in 2023 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 1 closing their positions.
700% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 1
175% more funds holding
Funds holding: 4 → 11 (+7)
31% more capital invested
Capital invested by funds: $31.6M → $41.5M (+$9.9M)
15.97% less ownership
Funds ownership: 105.24% → 89.27% (-16%)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGPCS
Capital Group Private Client Services
Los Angeles,
California
|
+$18.9M |
| 2 |
Jane Street
New York
|
+$2.04M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$926K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$704K |
| 5 |
PWA
Pillar Wealth Advisors
West Chester,
Pennsylvania
|
+$546K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$12.8M |
| 2 |
LWM
Lodestone Wealth Management
Spokane,
Washington
|
-$1.59M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$75.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CGPCS
1
Capital Group Private Client Services
Los Angeles,
California
| $19.2M | +$18.9M | +743,629 | New |
|
|
2
Capital International Investors
Los Angeles,
California
| $17.2M | -$12.8M | -505,000 | -43% |
|
|
3
Jane Street
New York
| $2.51M | +$2.04M | +80,419 | +476% |
|
|
4
Commonwealth Equity Services
Waltham,
Massachusetts
| $943K | +$926K | +36,515 | New |
|
|
5
Osaic Holdings
Scottsdale,
Arizona
| $717K | +$704K | +27,744 | New |
|
|
PWA
6
Pillar Wealth Advisors
West Chester,
Pennsylvania
| $556K | +$546K | +21,535 | New |
|
|
7
Royal Bank of Canada
Toronto,
Ontario, Canada
| $247K | -$75.3K | -2,966 | -24% |
|
|
BFEC
8
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $82K | +$80.7K | +3,180 | New |
|
9
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $34.6K | +$33.9K | +1,338 | New |
|
|
IGWM
10
ICA Group Wealth Management
Denver,
Colorado
| $20.7K | +$20.3K | +800 | New |
|
11
UBS Group
Zurich,
Switzerland
| $4.5K | +$4.42K | +174 | New |
|
|
LWM
12
Lodestone Wealth Management
Spokane,
Washington
| – | -$1.59M | -63,392 | Closed |
|
CGSM Hedge Fund Activity: Q4 2023 in Review
11 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Capital Group Short Duration Municipal Income ETF (CGSM) for Q4 2023, worth a combined $41.5M — up 31% from $31.6M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new CGSM positions and 1 closed out — a net gain of 7 holders — while 1 added to existing stakes and 2 trimmed.
The largest buyer was Capital Group Private Client Services, opening a new position worth an estimated $18.9M. The largest seller was Capital International Investors, cutting an estimated $12.8M.
- 11 institutional investors held Capital Group Short Duration Municipal Income ETF (CGSM) as of Q4 2023, up from 4 in Q3 2023.
- Funds reported $41.5M of Capital Group Short Duration Municipal Income ETF stock for Q4 2023, up 31% quarter-over-quarter.
- 8 funds opened new Capital Group Short Duration Municipal Income ETF positions in Q4 2023 and 1 closed out, a net change of +7 holders.
- The largest Capital Group Short Duration Municipal Income ETF buyer in Q4 2023 was Capital Group Private Client Services, an estimated $18.9M added.
- The largest Capital Group Short Duration Municipal Income ETF seller in Q4 2023 was Capital International Investors, an estimated $12.8M sold.
Based on aggregated 13F filings for Q4 2023.